The global calcite market is projected to be valued at USD 14.99 Billion by 2027, according to a current analysis by Emergen Research. The calcite market is witnessing strong growth, which can be attributed to the rising demand for calcite from the paper industry. Calcite is used in paper factories as a filler material in the alkaline paper production process. A major factor responsible for the growing inclination toward calcite amongst paper producers is rising demand for bulkier paper among consumers. Calcite imparts superior optical characteristics to graphic paper and it is comparatively economical. Thus, usage of calcite for paper production is driving the market.
Presently, building and construction projects deploy calcite in limestone and marble forms to make concrete and cement that can be applied in slurry form to offer durability to constructed structures. As per a report published by the Asian Development Bank, developing economies in the Asia Pacific region are required to make an investment of USD 26.00 Trillion for infrastructure development during the 2016–2030 period, which is equivalent to USD 1.70 trillion annually, in order to uphold the growth momentum and eliminate poverty. The rising focus on infrastructure development in the APAC region is estimated to boost the calcite market in the next few years.
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The latest research report offers a panoramic view of the competitive landscape of the industry and a detailed analysis of the key players of the market based on their revenue, profit margins, financial standing, global market position, Emergen Research activities, and product portfolio. It also covers their strategic endeavors such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and product launches and brand promotions, among others. The key players profiled in the report are Nordkalk Corporation, Grupo Claidra, Omya AG, Huber Engineered Materials, Imerys SA, Greer Lime Company, LafargeHolcim Ltd., Mississippi Lime Company, Gulshan Polyols Ltd., and Mineral Technologies Inc. and others.
Key Highlights of Report:
- In August 2019, Graymont made an announcement about acquisition of five lime production facilities and several limestone quarries of Sibelco located on Australia’s east coast
- Precipitated calcium carbonate is considered a highly economical mineral for manufacture of high-quality paper and other paper products by the substitution of cost-prohibitive wood pulp and kaolin clay
- Demand for calcite in the production of plastics and polymers is likely to increase significantly during the forecast period. Calcite aids in decreasing surface energy and imparts surface gloss and opacity, thereby enhancing surface finish. Besides, with its precisely controlled particle size, calcite improves stiffness and impact strength of plastics.
- The Asia Pacific region accounted for the largest share of the global calcite market in 2019, which can be attributed to growth of end-user industries in the region, especially in developing economies, including India and China. Furthermore, rapid urbanization and rising level of disposable income of people in the region are driving the market in Asia Pacific.
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Emergen Research has segmented the global calcite market in terms of product type, distribution channel, industry vertical, and region:
Product Type Outlook (Revenue, USD Billion; 2017–2027)
- Ground Calcium Carbonate
- Precipitated Calcium Carbonate
Distribution Channel Outlook (Revenue, USD Billion; 2017–2027)
- Offline
- Online
Industry Vertical Outlook (Revenue, USD Billion; 2017–2027)
- Paper
- Paints & Coatings
- Polymer
- Building & Construction
- Adhesives & Sealants
- Others
Regional Analysis of the Calcite Market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report offers a complete understanding of the Calcite market in key regions with respect to regional production and consumption patterns, import/export, supply and demand dynamics, trends, growth prospects, and the presence of prominent players in each region. Each of the mentioned regions is analyzed based on the comprehensive market data obtained from the major countries of each region to impart a clear understanding of the market.
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The report provides an extensive forecast of the industry and its significant growth in the forecast years. The report provides important information regarding the sales volume, revenue forecast, market size, market share, and current and emerging market trends. Along with this, the report covers SWOT analysis, Porter’s Five Forces analysis, Feasibility analysis, and investment return analysis.
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